Paraguay’s avocado sector shows great growth potential, with a 25% annual increase driven by favorable conditions and rising demand. Concentrated in Itapúa, Alto Paraná, and Cordillera, the industry produces about 7,500 tons yearly, generating $13 million with a 40% profit margin for producers. Future growth is expected through technological adoption and improved cultivation methods.
Paraguay is increasingly recognizing the growth potential of avocado as a significant contributor to its agro-industry. In recent years, annual production rates have surged by approximately 25%, driven by favorable climatic conditions, impressive yields per hectare, and increasing demand both domestically and internationally.
Currently, avocado production is primarily concentrated in three regions: Itapúa (45%), Alto Paraná (35%), and Cordillera (20%), culminating in a total production of about 7,500 tons annually. The avocado sector generates an estimated $13 million every year, with consolidated producers enjoying a profitability rate of around 40%, indicating a lucrative opportunity for local farmers.
The industry is poised for further expansion through the introduction of advanced technologies and enhancements in cultivation practices, which aim to maximize both yields and product quality. This progressive approach is expected to bolster the avocado market’s sustainability and growth in Paraguay.
In conclusion, Paraguay’s burgeoning avocado industry presents a promising economic opportunity for its agricultural sector. With significant profitability reported and a sustained annual growth rate, the emphasis on improved cultivation methods and modern technologies will likely reinforce its status as a vital agro-industrial component.
Original Source: www.freshplaza.com
